Yandell Acquires Eagle Transportation and Redwood Empire Wine Storage
Acquisition Expands Service Offering and Broadens Geographic Footprint
SC Warehouses, LLC ("Yandell" or the "Company") announced today that it has completed the acquisitions of Eagle Transportation Company Inc. ("Eagle"), a provider of specialized bulk and van transportation services to the wine industry, and Redwood Empire Wine Storage, Inc. ("Redwood", together with Eagle, "Eagle-Redwood"), a provider of temperature-controlled storage and direct-to-consumer fulfillment for winery customers. The acquisitions of Eagle and Redwood, both based in Santa Rosa, CA, broaden Yandell’s geographic footprint and expand the Company’s service offering to include bulk tanker transportation and direct-to-consumer (wine club) fulfillment services.
"Eagle-Redwood is a market leader in the wine logistics space, with each business bringing a highly specialized service offering and long-term customer relationships dating back many years," said Rob Sell, CEO of Yandell. "We’re excited to welcome Mike Brady, Jeannette Giles, Heidi Pabros, and the rest of the talented teams at Eagle and Redwood to the Yandell family."
Mike Brady, Co-Owner of Eagle, commented, "Our team couldn’t be happier to be partnering with Yandell – this partnership combines two businesses with the same core values and focus on our customers and strengthens our combined position in the market."
"We have competed against Yandell for many years; we look forward to combining our teams and fleet, expanding our geographic reach and continuing to serve our customers with a high level of service," said Jeannette Giles, Co-Owner of Eagle.
Heidi Pabros, Owner of Redwood, shared, "This is an incredibly exciting time for the Redwood team, and we are grateful to have found an excellent partner for our business."
"We are thrilled that the Eagle-Redwood teams have entrusted Yandell as their partner during this next phase of growth. These acquisitions mark an exciting milestone for the Company; we’re excited by the combined potential of the businesses and Yandell’s expansion into bulk storage and direct-to-consumer services," said Michael Brofft, Principal at Fort Point Capital.
Polsinelli and CliftonLarsonAllen advised Yandell on the transaction.
Founded in 1945 and headquartered in Benicia, CA, Yandell is a leading integrated temperature-controlled warehouse solution and critical supply chain partner to the wine ecosystem, providing transportation, warehousing, logistics, and value-added services to the wine, food, and beverage industry. To learn more, please visit yandell-scw.com.
About Fort Point Capital
Fort Point Capital employs a management-led, growth-oriented approach to private equity investing. Since its inception in 2011, Fort Point has partnered with founders and management teams to accelerate growth, expand service offerings, access new markets, and support follow-on acquisitions. With a portfolio that reflects over 45 acquisitions, Fort Point Capital continues to deliver enduring value to its partners, employees, and shareholders. Currently, the firm is investing from FPC Small Cap Fund III. To learn more, please visit fortpointcapital.com.